NO. 45

7 AUGUST 1995

Oil Prices

Aramco Drops August LPG Term Prices By $5-7/Ton

Although Saudi Aramco dropped its August LPG term prices by a nominal$5-7/ton, the gesture did little to offset the tough message conveyed last monthby Aramco delegates attending the second annual Japan-Saudi LPG Seminar. In addition to the three Aramco participants, the event, which was held in Tokyoon 10 July, was attended by executives from five Japanese firms and tworepresentatives from the Ministry of...